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/ 26 May 2006

A victim of its own success

The Western Cape province is a victim of its own success. Blessed with scenic beauty and an upwardly mobile economy (the growth rate last year was 5,3% compared to the national average of 4,5%), it is perceived as a ”rich province” and is a drawcard for many. But infrastructure and services are being stretched.

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/ 26 May 2006

Hamas withdraws paramilitaries from Gaza

The Hamas government on Friday recalled a controversial paramilitary force from the streets of Gaza on the second day of cross-party talks to resolve deadly Palestinian feuding. The move came one day after Palestinian Authority President Mahmoud Abbas threatened to call a referendum to end the deadly rivalry between Hamas and his former ruling Fatah party.

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/ 26 May 2006

Residents flee restive Somali capital

Hundreds of Somalis packed mattresses and food into minivans and trucks, preparing to flee their capital a day after it suffered some of the fiercest battles in 14 days. Doctors reached by telephone in the city’s hospitals and clinics raised the death toll from Thursday’s fighting to 60, with more than 150 wounded.

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/ 26 May 2006

Mbeki: Don’t fear economic volatility

There is no reason why the recent volatility in the stock exchange, the gold price, the value of the rand and the bond market should negatively affect South Africa, said President Thabo Mbeki. Since early May, the rand has lost 8% or 9% of its value and the JSE has lost a similar amount, he said in his weekly newsletter on the African National Congress website.